$549,900

For sale

888 Wilno South Road South, Madawaska Valley - Single Family for Sale

888 Wilno South Road South, Madawaska Valley, Ontario, K0J2N0

3 beds2 baths6 parking1,300 ft²281 × 310 ft (2.00 acres) lot sizeListed 91 days ago

Overview

This 3-bedroom, 2-bathroom home in Madawaska Valley is for sale offering roughly 1,300 sq ft of space. Listed at $549,900, it is attractively priced about 6% below the $588,000 median asking price in Madawaska Valley. It has been on the market 91 days, fresher than the Madawaska Valley average of 181 days.

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Description

Wilno Hills Country Home & Artist/Craftsperson Retreat. A unique country property designed for artists, makers, and anyone looking for a flexible home and workshop. The 2+ bedroom home, 2 baths, includes an attached space with its own garden entrance that currently provides access to the main living area. The bright, skylit artist studio and showroom features vaulted ceilings and a wood-burning fireplace, creating a comfortable and inspiring space to work or display your creations. This versatile area could easily be converted back into a spacious living room and primary bedroom. A separate, year-round workshop offers excellent functionality with heated workshop/storage and 100-amp electrical service, making it ideal for woodworking, crafts, or other creative pursuits.Enjoy views of the surrounding hills, pond, and natural landscape from the raised rear decks. The property also features established perennial gardens and a greenhouse for gardening enthusiasts.Conveniently located just 1 km from the historic Village of Wilno, this property offers the perfect combination of rural living and easy access to local amenities. (id:66096)

Property Details

MLS®: X13642812
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 281 × 310 ft (2.00 acres)
Frontage: 281 ft
Storeys: 1
Style: Bungalow
Basement: Full, Separate entrance, Walk out, N/A, N/A
Heating: Heat Pump, Propane
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Living room: 4.95 x 3.09 meters
Kitchen: 3.94 x 2.88 meters
Bathroom: 2.5 x 2.69 meters
Primary Bedroom: 3.1 x 3.27 meters
Bedroom 2: 2.74 x 2.72 meters
Other: 4.96 x 4.69 meters
Other: 4.71 x 3.07 meters
Foyer: 1.72 x 1.83 meters

Lower level

Bathroom: 2.72 x 2.19 meters
Utility room: 3.64 x 2.37 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Freezer
Flooring: Tile, Hardwood, Vinyl
Foundation: Block
Exterior: Aluminum siding
Lot Features: Hillside, Flat site

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Madawaska Valley listings, avg age

181d

Price / ft²

$423

List price

$550K

Homes here sell slower than most markets

Sold homes in this market spent an average of 79 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 92.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Madawaska Valley has been listed for 91 days, which is 90 days fresher than the city average of 181. Act while there is still low competition.

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Listed by RE/MAX COUNTRY CLASSICS LTD. · Cathy Pitts

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

This home lists at $549,900, about 7.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$549,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$199/mo

Total monthly$3,081

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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